Southside's position is strong.
{"Image DocumentName": "Southside\u2019s position is strong.", "Image ImageDescription": "S8-12 : Using the acid-test ratio and days\u2019 sales in receivables to evaluate a company. Acid-test ratio = Cash + Short-term investments + Net current receivables Total current liabilities. =  260,000 +  140,000 +  270,000.  500,000. =  670,000  500,000. = 1.34 Southside\u2019s position is strong. The exercise continues on this slide.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}